|Bid||68.70 x 800|
|Ask||68.71 x 1100|
|Day's Range||64.59 - 69.32|
|52 Week Range||27.40 - 72.98|
|Beta (5Y Monthly)||1.64|
|PE Ratio (TTM)||122.87|
|Earnings Date||Apr 28, 2021 - May 03, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Apr 02, 2020|
|1y Target Est||69.86|
On CNBC's "Fast Money Halftime Report," Pete Najarian spoke about Western Digital Corp (NASDAQ: WDC), which got upgraded to Buy on Friday at Goldman Sachs. The analyst increased the price target from $56 to $85. Najarian bought the March $66.50 calls in Western Digital because he noticed unusually high volume. Around 5,000 contracts were traded and they expire in a week. He said that Western Digital is one of the stocks with better valuation. Najarian also bought calls in Murphy Oil Corporation (NYSE: MUR) because he is looking for upside in the energy sector. He also noticed unusually high options activity in Murphy Oil. Square Inc (NYSE: SQ) and Community Health Systems Inc (NYSE: CYH) were among the stocks that caught Najarian's attention on Friday. He bought calls in these names. See more from BenzingaClick here for options trades from BenzingaBill Baruch's Dollar Index TradeCramer Gives His Opinion On Equinix, Walgreens Boots Alliance And CEL-SCI© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Technology stocks briefly touched “correction” territory on Friday, as the recent decline on the Nasdaq Composite extended beyond 10%. The sector has been pressured by rising interest rates.
(WDC) shares were gaining ground Friday after Goldman Sachs analyst raised his rating on the disk-drive and flash memory storage company to Buy from Neutral and lifted his target price on the stock to $85, from $56. Micron (ticker: MU) generates about two-thirds of its business from DRAM. Western Digital (WDC), while continuing to be one of the two primary plays on disk drives, along with (STX) (STX), also has a substantial business in NAND flash memory products.